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CRA International (CRA International) Cyclically Adjusted PB Ratio : 5.57 (As of May. 16, 2024)


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What is CRA International Cyclically Adjusted PB Ratio?

As of today (2024-05-16), CRA International's current share price is $170.10. CRA International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $30.55. CRA International's Cyclically Adjusted PB Ratio for today is 5.57.

The historical rank and industry rank for CRA International's Cyclically Adjusted PB Ratio or its related term are showing as below:

CRAI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.62   Max: 5.57
Current: 5.57

During the past years, CRA International's highest Cyclically Adjusted PB Ratio was 5.57. The lowest was 0.68. And the median was 1.62.

CRAI's Cyclically Adjusted PB Ratio is ranked worse than
86.02% of 658 companies
in the Business Services industry
Industry Median: 1.565 vs CRAI: 5.57

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

CRA International's adjusted book value per share data for the three months ended in Mar. 2024 was $30.742. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $30.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CRA International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CRA International's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CRA International Cyclically Adjusted PB Ratio Chart

CRA International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 1.93 3.34 4.16 3.24

CRA International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.60 3.37 3.29 3.24 4.90

Competitive Comparison of CRA International's Cyclically Adjusted PB Ratio

For the Consulting Services subindustry, CRA International's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CRA International's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CRA International's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CRA International's Cyclically Adjusted PB Ratio falls into.



CRA International Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

CRA International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=170.10/30.55
=5.57

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CRA International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CRA International's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=30.742/129.4194*129.4194
=30.742

Current CPI (Mar. 2024) = 129.4194.

CRA International Quarterly Data

Book Value per Share CPI Adj_Book
201406 23.184 100.560 29.838
201409 23.363 100.428 30.107
201412 23.199 99.070 30.306
201503 23.264 99.621 30.223
201506 23.847 100.684 30.653
201509 24.213 100.392 31.214
201512 23.902 99.792 30.998
201603 24.165 100.470 31.128
201606 24.723 101.688 31.465
201609 25.194 101.861 32.010
201612 24.864 101.863 31.590
201703 25.205 102.862 31.712
201706 25.421 103.349 31.834
201709 25.749 104.136 32.001
201712 24.937 104.011 31.029
201803 24.808 105.290 30.493
201806 24.451 106.317 29.764
201809 24.833 106.507 30.175
201812 24.527 105.998 29.947
201903 24.718 107.251 29.827
201906 24.891 108.070 29.808
201909 24.955 108.329 29.813
201912 25.305 108.420 30.206
202003 25.316 108.902 30.086
202006 25.993 108.767 30.928
202009 26.409 109.815 31.124
202012 27.168 109.897 31.994
202103 27.706 111.754 32.085
202106 26.955 114.631 30.432
202109 27.620 115.734 30.886
202112 27.956 117.630 30.758
202203 28.505 121.301 30.413
202206 27.763 125.017 28.741
202209 28.229 125.227 29.174
202212 29.533 125.222 30.523
202303 28.120 127.348 28.577
202306 29.097 128.729 29.253
202309 29.798 129.860 29.697
202312 30.587 129.419 30.587
202403 30.742 129.419 30.742

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


CRA International  (NAS:CRAI) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


CRA International Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of CRA International's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CRA International (CRA International) Business Description

Traded in Other Exchanges
Address
200 Clarendon Street, Boston, MA, USA, 02116-5092
CRA International Inc is a U.S.-based advisory firm that provides economic, financial, and management consultancy services. The company advises clients on economic and financial issues relating to litigation and regulatory proceedings and helps businesses set important business strategies and solve performance-related issues. The company's clients include domestic and foreign companies, government agencies, public and private utilities, and national and international trade associations. CRA International generates almost all its revenue from the United States and the United Kingdom.
Executives
Paul A Maleh officer: EVP, Platform Leader 200 CLARENDON STREET, T-9, BOSTON MA 02116
Chad M Holmes officer: CFO, EVP and Treasurer 200 CLARENDON STREET, T-9, BOSTON MA 02116
Jonathan D Yellin officer: EVP and General Counsel 200 CLARENDON STREET, T-9, BOSTON MA 02116
Thomas Aiken Avery director 465 LAUREL CHASE COURT, ATLANTA GA 30327
Heather Tookes director C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Robert W Holthausen director 200 CLARENDON STREET, T-9, BOSTON MA 02116
Alva Taylor director C/O CRA INTERNATIONAL, INC., 200 CLARENDON STREET, BOSTON MA 02116
Nancy Hawthorne director AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Christine Rose Detrick director 200 CLARENDON STREET, T-9, BOSTON MA 02116
Daniel K. Mahoney officer: CFO, EVP and Treasurer C/O OLD MUTUAL ASSET MANAGEMENT, 200 CLARENDON STREET, BOSTON MA 02116
Richard Douglas Booth director 200 CLARENDON STREET, T-9, BOSTON MA 02116
William F Concannon director 200 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10166
Rowland Moriarty director 200 CLARENDON ST T33, BOSTON MA 02116
Robert A Whitman director 4200 TEXAS COMMERCE TOWER WEST, 2200 ROSS AVE, DALLAS TX 75201
Douglas C Miller officer: VP, Chief Accounting Officer ONE AMERICAN ROW, P.O. BOX 5056, HARTFORD CT 06052